Key stats
About HARVEST CDN EQUITY INCOME LERDS ETF UNIT CL A
Home page
Inception date
Jun 13, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Harvest Portfolios Group, Inc.
The fund offers a concentrated exposure to the Canadian equity market. Starting with the issuers investable universe, the top 30 companies as measured by market capitalization are selected and are weighted equally. These companies must: i) meet certain dividend criteria, ii) be considered as large-cap leaders with dominant market shares, and iii) have attractive monthly income with opportunity for capital appreciation. The fund may invest in companies across various industries and sectors, without bias. To achieve lower overall portfolio volatility, the fund manager writes covered call options at its discretion, on not more than 33% of its securities, depending on market volatility and other factors. In addition, a buffer rule that replaces a portfolio constituent if it drops out of the top 35 companies based on market-cap, is applied at each quarterly reconstitution in order to reduce portfolio turnover.
Classification
What's in the fund
Exposure type
Finance
Utilities
Industrial Services
Communications
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HLIF trades at 9.82 CAD today, its price has fallen −0.46% in the past 24 hours. Track more dynamics on HLIF price chart.
HLIF net asset value is 9.82 today — it's risen 1.82% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HLIF assets under management is 119.86 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HLIF price has risen by 1.29% over the last month, and its yearly performance shows a 13.73% increase. See more dynamics on HLIF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.82% over the last month, showed a 3.97% increase in three-month performance and has increased by 22.14% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.82% over the last month, showed a 3.97% increase in three-month performance and has increased by 22.14% in a year.
HLIF fund flows account for −476.83 K CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HLIF invests in stocks. See more details in our Analysis section.
HLIF expense ratio is 1.08%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HLIF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HLIF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HLIF shows the strong buy signal. See more of HLIF technicals for a more comprehensive analysis.
Today, HLIF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HLIF shows the strong buy signal. See more of HLIF technicals for a more comprehensive analysis.
Yes, HLIF pays dividends to its holders with the dividend yield of 7.10%.
HLIF trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HLIF shares are issued by Harvest Portfolios Group, Inc.
HLIF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 13, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.